Biometrics

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Biosmart granted Mastercard Letter of Approval for IDEX Pay biometric cards

Global smart card technology company Biosmart has obtained the Letter of Approval (LoA) from Mastercard for its biometric payment card built on the IDEX Pay platform.

Revolut preps AI assistant, ATMs and mortgages for 2025

/ai

Revolut preps AI assistant, ATMs and mortgages for 2025

Revolut has laid out its plans for 2025, including the introduction of an AI assistant, mortgages, ATMs, and a business credit product.

/ai

Interface.ai unveils device biometric authentication and GenAI bot training products

interface.ai, the leading provider of agentic AI solutions for community banks and credit unions, has unveiled its latest industry-leading innovations as part of its Fall 2024 product release.

The Future of Payment Authentication

/predictions

The Future of Payment Authentication

In this PREDICT 2025 USA interview, Andrew Shikiar, Executive Director and CEO, FIDO Alliance, discusses how the industry has been exploring the death of the password for decades, how this conversation has evolved and where we are with passkeys today – pinpointing why making progress with eliminating dependence on passwords is of paramount importance.

/payments

Idex Biometrics signs deal with South Korean smart card manufacturer Cellfie Global

IDEX Biometrics has entered into a commercial development agreement with South Korean smart card manufacturer Cellfie Global (formerly ICK) to design, manufacture and market biometric metal and PVC cards for bank and fintech launches in USA, Europe and Asia.

Mastercard aims to kill passwords and manual card entry by 2030

/security

Mastercard aims to kill passwords and manual card entry by 2030

Mastercard has set itself the target of using tokenisation and biometrics to eliminate manual card entry, passwords and one-time codes for online purchases by 2030.

/identity

LSEG selects IDVerse identity infrastructure to complement IDV stack and fight digital deepfakes

LSEG (London Stock Exchange Group) and IDVerse today announce a new identity infrastructure partnership to scale global coverage and fight digital deception in customer onboarding.

Visa and Tencent bring palm payments to Singapore

/security

Visa and Tencent bring palm payments to Singapore

Chinese tech conglomerate Tencent has teamed up with Visa to take its palm recognition technology for digital payments international, beginning with Singapore.

/security

Mastercard brings Payment Passkey to Singapore

As payments become more intricate, Mastercard today announced the latest enhancement to its new Mastercard Payment Passkey Service which enables secure, on-device biometric authentication through facial scans or fingerprints, the same way consumers unlock their phones every day.

/identity

IProov and Biometrid collaborate on digital identity verification

iProov, a science-based biometric identity solutions provider, and Biometrid, Portugal’s market leader in digital identity verification, today announced a strategic partnership to deliver secure and user-friendly digital identity verification solutions across Portugal and other key international regions.

/people

IDEX Biometrics appoints new chief financial officer

IDEX Biometrics has appointed Kristian Flaten as Chief Financial Officer, effective today.

/security

LSEG Risk Intelligence releases new products to tackle financial fraud

LSEG Risk Intelligence, a leader in compliance, risk management and fraud prevention solutions, has announced the launch of two innovative products designed to enhance financial security and drive operational efficiencies on a global scale.

AFP: Fraud is the biggest painpoint for accounts payables automation

/wholesale

AFP: Fraud is the biggest painpoint for accounts payables automation

Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.

/security

Experian adds Sardine tech to fraud prevention suite

Experian UK&I today announces a new partnership with Sardine, the leader in behavioural biometrics and device intelligence-based fraud prevention.

/security

Anna Money bids to beat criminals with biometric re-authentication checks for account holders

ANNA – which supports more than 100k UK SMEs with its all-in-one business and tax app – is one of the first financial institutions in the UK to implement trail-blazing biometric ‘re-authentication’ procedures to stop criminals from using accounts they may have accessed illegally.

Banks in Singapore add facial verification to security toolkit

/security

Banks in Singapore add facial verification to security toolkit

Banks in Singapore will progressively implement Singpass Face Verification (SFV) over the next three months to strengthen the digital token (DT) setup process for retail banking customers.

/identity

Crypto exchange Bitlocus selects iDenfy for biometric KYC

iDenfy, a Lithuania-based RegTech startup specializing in ID verification and fraud prevention solutions, announced a new partnership with Bitlocus, a regulated cryptocurrency exchange platform known for its comprehensive crypto-to-fiat and fiat-to-crypto solutions.

/identity

Idex Biometrics and Vasmobile launch biometric school ID and payment card in Africa

Vasmobile Fintelco is launching SkoolID, the African School ID and Smart Payment Card, based on the biometric card platform from IDEX Biometrics.

Mastercard debuts Payment Passkeys in India

/security

Mastercard debuts Payment Passkeys in India

Mastercard is to debut its Payment Passkey service in India, bringing biometric authentication to online shopping.

/security

Idex Pay biometric card certificated by Visa

IDEX Biometrics has reached an important milestone for IDEX Pay by successfully passing Visa’s certification using Visa’s latest VBSS biometric payment application.

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